Omocom makes insurance available on sharing economy platforms in a simple, safe and user-friendly way, thus paving way for continued growth in sharing and circular consumption patterns. In the process, Omocom reshapes insurance by utilising the full potential of digital risk assessment and big data analytics.
Omocom raised funding from Inventure, Luminar and other investors to introduce its insurance solution on key platforms in Europe, collect critical datapoints and handle an increasing number of transactions. Besides acting as a trust enabler, Omocom aims to drive conversion on the platforms making it easier for users to become part of the sharing economy and to better accommodate the users need for security and comfort in the transaction.
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